Garmin (GRMN) risk factors
Item 1A of every Garmin Ltd. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors38 risks4 new2 dropped18 reworded
New risks focus on dealer inventory, GPS/GNSS availability, tariffs on Taiwan- and China-sourced goods, and changing CFC tax rules.
Filed Feb 18, 2026 - FY2024 10-K risk factors36 risks
Garmin faces significant operational exposure in Taiwan where principal manufacturing facilities for consumer products are located. The company relies heavily on the continuous availability of the U.S. Department of Defense Global Positioning System and radio frequency spectrum. Significant investments in the auto OEM segment create profit risks if revenue declines. Substantial regulatory and certification requirements, including FAA approvals, impact product timelines and costs.
Filed Feb 19, 2025